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The Following Price-Quantity Coordinates for Gold Used by U

Question 157

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The following price-quantity coordinates for gold used by U.S.dentists were observed: P = $875/ounce, Q = 342,000; P = $200/ounce, Q = 706,000.These points most likely lie along the


A) supply curve for gold for dental use.
B) demand curve for dental use.
C) equilibrium curve for dental use.
D) production possibilities curve for dental use.

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